Peter Panaguiton Discusses the "Impacts of Component Shortages and Obsolescence on Counterfeiting" at the Symposium on Counterfeit Parts and Materials

Bio: Peter Panaguiton is GIDEP’s failure and counterfeit SME. His government experience includes working on the Sunset Supply Base Program and the Navy Material Readiness Database. Prior to civil service he worked at Boeing Human Space Flight & Exploration and at Hughes Aircraft Electron Dynamics Division.

Abstract: Government Industry Data Exchange Program (GIDEP) is a cooperative activity between government and industry participants seeking to reduce or eliminate expenditures of resources by sharing technical information. Since 1959, over $2.1 BILLION in prevention of unplanned expenditures has been reported. It is a general consensus within industry that obsolescence has led to the advent of counterfeiting. GIDEP will utilize its “Batch-Match” tool to investigate probable relationships between obsolescence and counterfeiting. Further, GIDEP will analyze these relationships, and provide some guidelines that may assist users in envisioning future counterfeiting trends, during a product life-cycle.